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Itxa/625/2015 Of Pr. Commissioner Of Income Tax-3 v. M/S. Rama Cylinders P Ltd

High Court 01 Aug 2017 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
Itxa/625/2015 Of Pr. Commissioner Of Income Tax-3 v. M/S. Rama Cylinders P Ltd
Date of order
01 Aug 2017
Assessment year(s)
Outcome
Other

Case summary

In Itxa/625/2015 Of Pr. Commissioner Of Income Tax-3 v. M/S. Rama Cylinders P Ltd, the High Court (2017) decided the matter.

Decision: 4.The appeals stand disposed of as withdrawn.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 619 OF 2015 WITHINCOME TAX APPEAL NOS. 625/2015, 651/2015 AND 669/2015 The Pr. Commissioner of Income Tax-3 .. Appellant v/s. M/s. Rama Cylinders P. Ltd. .. Respondent Mr. Suresh Kumar a/w Ms. Samiksha Kanani for the appellant None for the respondent CORAM : S.V. GANGAPURWALA & A.M. BADAR, J.J. P.C. DATED : 1[st] AUGUST, 2017 1.These appeals relate to Assessment Years 2006-07, 2007-08, 2008-09 and 2009-10. 2.The learned Counsel for the appellant submits that the tax effect involved in the present appeals is less than Rs.20 lakhs and as per the CBDT Circular No.21 of 2015 dated 10[th] December, 2015, the department has taken a policy decision not to prosecute the appeals wherein the tax effect is less than Rs.20 lakhs. 3.In view of the above, the learned Counsel for the appellant seeks leave to withdraw the appeals. 4.The appeals stand disposed of as withdrawn. No costs. 5.The Court Fees as per Rules, be refunded. (A.M. BADAR, J.) (S.V. GANGAPURWALA, J.)
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